SPORTS AGENTS

Professional Sports Agents are ideally suited to identify Theft Loss Deduction candidates.

As most sports agents observe, there are limitations on the degree to which sports agents can become involved in directly providing financial services. (Ironically, these limitations arose from theft actions related to sports agents and financial services.)

Now that the professionals are not as involved in the Financial Services, the agents do not find out about the theft until well after the fact. These agents can assist their clients by referring then to Investment Fraud Recover Network, LLC ("IFRN").

Consider, if you will that your client has significant income but may have less experience in investing those funds. Given a high federal and state income tax effective rate, converting a long term capital gain rate of 15% to a net operating loss with an effective combined rate could exceed 45%.

Thus a $300,000.090 theft loss could result in a refund of $135,000.00 for your professional athlete.